Three Creative Tenants Sign Leases Totaling 26,000 Square Feet at Industry City
By Billy Gray May 14, 2013 8:00 am
reprintsThree art and design tenants have signed significant five-year leases at Industry City in Sunset Park.
Next Door’s, a photography studio, will move into 11,601 square feet at 67 34th Street and use the space for production and art fabrication. Sebastian Errazuriz Studio inked a deal for 8,180 square feet in 32 33rd Street in the complex. And McConnell & Borrow Inc, a set designer and prop provider, signed for 6,206 square feet at 88 35th Street.
The 40-acre Industry City complex has been attracting creative and food sector tenants to its 16-building, six-million-square-foot campus for several years. Leases have been signed this year by Lights Up! (12,000 square feet), Datemyschool.com (8,500 square feet), Colson Patisserie (4,000 square feet), Wireless Digital Group (3,600 square feet) and Modko (3,500 square feet). Asking rents are typically around $12 a foot.
Industry City’s in-house leading team, which is led by Bruce Federman and Julius Chabbott, completed the transactions late last month.
“Industry City remains a leading choice for artists and designers,” Jeff Fein, another leasing team member, said in a prepared statement. “They see the value in being in a location like this where other like-minded individuals are and ownership works with them to ensure their space will contribute to their creative process. From the communal exhibition space to the creative office units that can be customized to meet very unique requirements, we are committed to collaborating with these artisans to foster the creative spirit found here.”
